Lower time frames-
I see some serious hesitation up at these levels and what I assume is large funds taking profits, potential double top, weakness on the RSI and trend lines being broken...
NFA - I am not a professional, just someone that loves charting.
Above is how I see things playing out in the near term, I like to make predictions like this because for some reason the charts always harmonise and make nice patterns, its hypnotic. Basically I study the chart, look for reoccurring patterns and themes, and then try to visualise an outcome. It doesn't always work out, but it's a flex when it does! 💪
See my previous predictions in my profile.
I see some serious hesitation up at these levels and what I assume is large funds taking profits, potential double top, weakness on the RSI and trend lines being broken...
NFA - I am not a professional, just someone that loves charting.
Above is how I see things playing out in the near term, I like to make predictions like this because for some reason the charts always harmonise and make nice patterns, its hypnotic. Basically I study the chart, look for reoccurring patterns and themes, and then try to visualise an outcome. It doesn't always work out, but it's a flex when it does! 💪
See my previous predictions in my profile.